and so for 25 cents you could go and hear emma goldman. this famous anarchist. radical of note. she was giving an address for 25 cents. the title of her talk as you soo here doesn't mince any words. can you see that. preparedness the road to universal slaughter. so it's making very clear what she thinks about preparedness and the possibility of what the draft and conscription will mean. universal slaughter. so goldman was in town during the attack. let me share with you, too, one other ominous warning. that was to happen the night of the bombing. before the bombing in the few days before, the newspaper editors in san francisco all got an ominous letter the police chief did as well. i want to read with you read to you this warning letter that was sent to the editors. it's an important message. a few days that get this in mail at the local newspaper offices before the bombing. editors, are protest have been in vein in regards to the preparedness propaganda. we'll use direct action on the 22nd. which will echo around the earth and show that frisco really knows how. and that militar

i will give you another example, on the very night of the bombing, it didn't happen, but emma goldman who was a famous -- that's a name that maybe might mean something to some of you, a famous american anarchist was in san francisco when the bombing happened and that night as you can see from this slide she was to give a lecture. so for 25 cents you could go and hear emma goldman this famous anarchist, this famous radical of note, she was going to give this address, again, for 25 cents. the title of her talk as you see here doesn't mince any words. it says, preparedness, the road to universal slaughter. so it's making very clear what she thinks about preparedness and the possibility of what the draft and conscription will mean. universal slaughter. right. so goldman was in town during the attack. let me share with you, too, one other ominous warning. so that was to happen the night of the bombing. before the bombing in the few days before the newspaper editors in it san francisco all got an ominous letter, the police chief did as well. i want to read with you -- read to you this warni

with him was his friend and on again off again lover by the way, emma goldman, the same woman giving the preparedness, the road to universal slaughter speech. she is around san francisco at the time as well. and they were very much in cahoots just give you one attitude of the attitudes from berkeman and goldman and they were both jewish. they were described as the kind of people who pop up at any radical movement that promises financial returns and the newspaper spoke of their money grabbing proclivities. this is a stoirpt stereotype about jewish people that they're just trying to profit from radicalism. anti-jewish, anti-semitic stuff for sure. so i think that anti-immigrant, anti-labor force is important. let me finish with the third kind of why in matters idea. and that's this kind of anti-wrad kalism and the climate in some ways of the red scare and this broader kind of miscarriage of justice which i think you'll find interesting as well. the district attorney was a guy by the name of charles fikkert, a big hulking fellow, had his own political ambitions, moved quickly. he said,

one was to, you know, a lot of the really prominent anarchists like emma goldman, for instance, were speakers who went to the cities and really were trying to create a movement within, you know, the working class and within industrial america. well, the anarchists of home were really sort of broke off from that and trying to create their own alternative to the that in home which was kind of a, you know, an a agrarian throwback to living off the land. they each had two acres that they claimed and would work together for the benefit of the community. in terms of their challenges or the difficulties that they encountered, going back to that idea of anarchism being chaos and then also the sense that anarchists are really trying to throw out government there were people who were putting forth that as an idea, and then there were people who acted on that like leon -- [inaudible] who kill president mckinley. and when that happened, it really polarized the response to the the people who said they were anarchists. and so the challenges that that they encountered really had to do with the writ

deportation of hundreds of people per vooefed to be radicals who were immigrants and included women like emma goldman. who was a feminist whose voice was mightily loud in u.s. political culture in the 1910s. but deported in 1918 and wouldn't be a part of story in the 1920s. and so she, did the deportation of radicals is part of explanation for the whacking off of the left. in political culture of the 1920s. even women who were not immigrants but who were on the political left were sometimes jailed and tried under an laws in the teens and early 20s. like whitny who was a patrician. a woman in california who was a member of the communist labor party and arrested and tried under laws in 1920. and kept fighting her case through the 1920s. that antiradical and antiimmigrant campaign was both fed by and benefitted from the popularity of the ku clux clan. the clan, the first clan died out in the late 19th century. a new clan organized in the early 20th. it came into incredible prominence. and even electoral legitimacy in the 1920s. and women were both active in the clan and active in fighting the clan. and

. ♪ emma: this is bloomberg daybreak. coming up, goldmancohead of global fixed income. this is bloomberg. bloomberg business flash. truce.el has called a elliott management will suspend indication for three months. akzo says they also back elliott's new ceo after they rejected a turning on billion dollar takeover. ao unexpected problems for danish shipping company. they had lost in the second quarter two to a write-down in the tank in unit and they say a cyber attack will wipe out as from a $300 million third-quarter profit. asiaof the biggest bets on with investments in the second quarter. $345 million from emerging markets etf that is dominated by chinese companies. david: thank you. to passngress failed new health-care legislation, the question came to be how the trump administration will administer obamacare, with saying they may end cost payment to insurers. the deficit would go up by $194 billion in the next 10 years and premiums would go up 20% by 2018 and wrote to a total of 25% increase by 2020. joining us is the former director of

emma: there is a lot of speculation about that. we have goldmanvolatility. we could see more movement in the you want, but you are right. they will not want to end this by starting the new five-year term that the bout of craziness in the markets. i think while we will see some slow steps toward more opening, more flexibility, that'll be still a long time to come before we see a fully open and freely traded market here. is there anything that can go wrong in this meeting that you foresee? emma: well, that's a good question. i guess if you get a speculative attack, or if there are some issues to do with margin trading, that has been a problem in the past. that was a problem in the boom bust cycle. this is a retail investor market. it is dominated by small, individual investors. that makes it a little less predictable. institutionsve the that work on a longer time frames so much as you would in other markets. they will have to keep an eye on things as there are things that could go wrong. o'brien, thank you. switching to the oil markets, almost a qua

eastern, goldman sachs ceo lloyd blankfein, i will be speaking to him. this is bloomberg. ♪ emmathe bloomberg business flash. money lined up to buy charter communications according to people familiar with the matter. it is merging with the struggling u.s. provider sprint. alix: this is one of my favorite stories so far the w of the week. softbank has as much a $65 billion in financing to potentially by charter. how much debt with that pile on the balance sheet? jonathan: how much debt is already on that balance sheet? david: a lot. they are pretty levered up already. they would be taking on $64 billion in debt that charter has on its balance sheet. jonathan: i do wonder if there's a certain guy over at softbank that likes being connected in the news. i just wonder whether these deals are out there just to get people talking about the prospect of big deals. because this is massive. when you think about how they're going to fund it, there's huge debt on either side. where's the money coming from? david: at the same time, he's got a lot of pressure because sprint has not worked out

emma chandra. coming up in the next hour, lloyd blankfein, goldman sachs chairman and ceo speaks to our very own alixbloomberg. david: this is bloomberg, i am david westin. gas 29n company delivers states, making it the second-largest. southern announced its earnings earlier, posting its biggest loss and a quarter century. joining us from atlanta to talk about the earnings and the plans going forward is the ceo, tom fanning. as i read it across the bloomberg, you actually beat on revenue and profitability in your basic operations but you had to take a write-down on the clean coal operation, is that what happened? tom: that is exactly right. the base business is performing wonderfully well. charge we took was associated with a project conceived in 2009. we committed to build a clean coal facility that would have a carbon footprint equal to or less than natural gas. we fulfilled that commitment, built the plant, but in the meantime natural gas prices fell. at the time we started building the plant natural gas prices were $10 per million btu and now they are around three dollars. and ourult, the project

. ♪ emma: this is bloomberg daybreak. coming up in the next hour, goldmanment equity partner. this is bloomberg. jonathan: if you are just joining us, allow me to whip through the outcome. , 200-9000.ort previous number on -- the average earning comes in better than expected. to dig through the payrolls report, allen and michael are here. on numbers like that, you read the reports are you have had 15 minutes, what is the takeaway? >> this is a no drama report. it is on forecast. was strong, restaurants were strong, wage growth picked up a little bit. probably because it was too low before. there are notes of prizes. markets -- there are no surprises. that is solid for the economy. recovery is continuing. jonathan: is there anything to suggest we could see more wage changes down the road? >> we have had tightness in the low-wage sector. hirings, itngs and is been tight in hotel and restaurants and there has not been wage growth there. we could see the economy benefit from the bottom up. policy could help thereto too. for example, raising the minimum wage in

goldman sachs, pimco, and barclays. this is bloomberg. ♪ ♪ >> this is "bloomberg daybreak." i am emma chandra with your business flash.ording to people familiar romeohe matter, entertainment of the could go public as early as next month. over charter communications, according to people familiar with the matter, altice is planning to partner with investing groups for help. in china, the economy showed further signs of slowing down. rose slowertlook than expected from last year. retail sales missed estimates. rose muchn japan, gdp faster than expected in the second quarter, raising at an annual rate of 4%. alix: thank you so much. for more on china and japan, we the bloomberg -- we are talking about not a boj.er pboc, but a tighter you have japan leading asia. in some respects. >> we are seeing the best figure out of japan. consumption is holding up. it looks like they are gaining traction. inflation is not going anywhere. that is despite the strongest labor market in decades. i think it bodes well for abenomics. he suggests that perhaps japan's economy is starting to gain traction. alix: in terms of the china data, it